Some people have an opinion that the precious metals are reacting to higher interest rates which are causing a stronger dollar. There is an expectation that the Fed will soon be quashing the interest rates.
The biggest guy in metals is Thomas Kaplan. Any hints from him would be a message from god.
The guy who has nailed what silver is going to do, runs Hecla. BTW, Hecla has come out with a dividend program which is fixed against the price of silver where they have specifically given a dividend schedule which relates to silver being priced at 30 to 40 and also 40 to 50.